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Kiewit Readies for $6 Billion in Project Kickoffs, $12 Billion in Completions for 2017

Kiewit Corporation is providing EPC services for about $45 billion in active projects, according to Industrial Info's Project Platform, with about 95% of the work in just three industries

Released Tuesday, May 23, 2017

Kiewit Readies for $6 Billion in Project Kickoffs, $12 Billion in Completions for 2017

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Researched by Industrial Info Resources (Sugar Land, Texas)--Kiewit Corporation (Omaha, Nebraska) is providing engineering, procurement and construction (EPC) services for about $45 billion in active projects, according to Industrial Info's Project Platform, with about 95% of the work in just three industries: Oil & Gas Production, Industrial Manufacturing and Power. All but a handful are in the U.S. and Canada. More than $6 billion worth of the projects are set to begin construction this year, and more than $12 billion are scheduled to finish construction.

Kiewit's largest project set to begin construction in the near future is Competitive Power Ventures Incorporated's (Braintree, Massachusetts) $1 billion Fairview Energy Center in Johnstown, Pennsylvania, a natural gas-fired, combined-cycle (NGCC) facility that is expected to generate 980 megawatts (MW) from a pair of 337-MW combustion turbines and a 306-MW steam turbine, all provided by General Electric (NYSE:GE). Crews should finish clearing waste from the site next month, and construction is set to begin later this summer, according to WTAJ, a news station in central Pennsylvania. For more information, see Industrial Info's project report.

Hydraulic fracturing, commonly called "fracking," and horizontal drilling have made Pennsylvania's huge deposits of oil and gas, particularly the Marcellus Shale, a boon to the state's economic recovery, influencing a string of projects like Fairview Energy Center. This has sharply increased the demand for labor in Pennsylvania, particularly Pittsburgh, about 60 miles west of Johnstown. For more information, see May 9, 2017, article - Surge of Industrial Project Activity in Pittsburgh May Overwhelm Local Labor.

Kiewit also is performing EPC services at two NGCC repowering projects in California, both from AES Corporation (NYSE:AES) (Arlington, Virginia): the $963 million addition at the Alamitos Power Station in Long Beach, and the $500 million addition at the Huntington Beach Power Station in Huntington Beach. The revamped facilities will generate 642 and 640 MW, respectively, each through the addition of two combustion turbines and a steam turbine, all from GE. Currently, each project is expected to kick off this summer and be completed in early 2020. For more information, see Industrial Info's project reports on the Alamitos and Huntington Beach stations.

One of the largest projects nearing construction in Canada is SaskPower's (Regina, Saskatchewan) $630 million Tazi Twe Hydro Station in Stony Rapids, Saskatchewan. The run-of-river hydroelectric plant is expected to include a powerhouse with a pair of fixed-blade Kaplan turbine generators that will generate 50 MW. For more information, see Industrial Info's project report.

Closely Watched Dominion, ExxonMobil Projects Set to Wrap Up this Year
Kiewit is the EPC contractor on one of the highest-profile projects set to finish construction later this year: Dominion Resources Incorporated's (NYSE:D) (Richmond, Virginia) $4 billion Cove Point liquefied natural gas (LNG) production and export plant in Lusby, Maryland, which will liquefy 1 billion cubic feet per day (Bcf/d) of natural gas to produce 5.25 million tons year of LNG for export. Kiewit also is servicing the $80 million steam cogen unit addition at the facility. For more information, see Industrial Info's project reports on the LNG facility and cogen unit, and May 5, 2017, article - Dominion's Cove Point LNG Plant 89% Complete, Under Way with Other Growth Projects.

Kiewit also is at work on Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) Hebron Offshore Crude Oil Production Platform, a massive project that includes a $3 billion topsides construction, a $2 billion gravity-based structure, a $1 billion subsea development and a $200 million subsea tieback and offloading system. Hebron is expected to produce 150,000 BBL/d of crude oil, with a possible future expansion to 180,000 BBL/d; for more information, see Industrial Info's project reports on the topsides, gravity-based structure, subsea development, and tieback and offloading system; April 11, 2017, article - SNC-Lavalin Adds ExxonMobil Offshore-Drilling Venture to $113 Billion in EPC Projects; and May 2, 2017, article - ExxonMobil Readies for Gulf Coast Startups.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
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